Wallace Lodge No 524 Loyal Order Of Moose
- Assets
- $321.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wallace, NC
- Founding
- 08/1935
- Data as of
- 04/2022
- EIN
- 56-1002556
Organization Overview
Wallace Lodge No 524 Loyal Order Of Moose is located in Wallace, NC. The organization was established in 1935. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Wallace Lodge No 524 Loyal Order Of Moose is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 04/2022, Wallace Lodge No 524 Loyal Order Of Moose generated $23.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $20.0k during the year ending 04/2022. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION UNITES ITS MEMBERS IN THE BONDS OF FRATERNITY, BENEVOLENCE AND CHARITY. THIS IS ACCOMPLISHED THROUGH A YEAR-ROUND SCHEDULE OF SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herman Sikes Vice President | 5 | $0 | |
Donald Terflinger Chaplain | 5 | $0 | |
Jack Vandyne President | 5 | $0 | |
Guss Crist Past President | 5 | $0 | |
Sirena Wallace Treasurer | 5 | $0 | |
Jim Smith Administrator | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $416 |
| Total Program Service Revenue | $12,371 |
| Membership dues | $210 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,213 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,518 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,440 |
| Total expenses | $19,958 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,829 |
| Other assets | $0 |
| Total assets | $321,429 |
| Total liabilities | $122 |
| Net assets or fund balances | $321,307 |
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